Oil News Roundup

The Wall Street Journal Online

Updated Jan. 3, 2007 5:53 p.m. ET

Crude-oil futures slumped to a six-week low below $59 a barrel on the New York Mercantile Exchange amid continued forecasts for mild winter weather in the U.S. Northeast. Here is Wednesday's roundup of oil and energy news:

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EXXON'S CAMPAIGN: Exxon Mobil gave $16 million to 43 ideological groups between 1998 and 2005 in a coordinated effort to mislead the public by discrediting the science behind global warming, the Union of Concerned Scientists asserted. The report mirrors similar claims by Britain's leading...